The Disruptive Entrepreneur

Is it true that some companies and brands are too big to fail? It's rumoured that Starbucks is going to go on sale in the UK! Rob discusses why Starbucks are struggling right now, the power of learning from the mistakes of others and why you must always evolve and adapt in this ever changing world.   KEY TAKEAWAYS It’s far best to learn vicariously the mistakes and challenges from other businesses and brands than failing yourself. Starbucks is failing because of the high cost of living; people can’t justify $5 on a coffee anymore. You have to evolve your pricing strategy according to the market. It’s hard to get quality staff in the world right now, and many staff are unionising too, these too are causes of Starbucks struggle. Starbucks rely on high volume and low margins, this model is leaving them vulnerable in the current economic climate. You are never too big to fail. Stay humble. Information is the future of high margin and low overhead business models. Don’t allow your business to rely on l